According to a survey conducted from April to May 2023, the largest share of variable rate home loan borrowers in Japan, around 25.3 percent, had a debt-to-income ratio of over 15 to 20 percent. According to the same survey, over 70 percent of home loan borrowers chose a variable rate housing loan.
Distribution of variable rate housing loan borrowers in Japan as of May 2023, by debt-to-income ratio
among respondents who have taken out a variable rate home loan between October 2022 and March 2023; excluding students and unemployed persons
Method of interview
Online survey
Supplementary notes
The statistic refers to new home loans for residential use (excluding refinance loans, renovation loans, loans for land only, or apartment or investment loans).
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JHF. (June 30, 2023). Distribution of variable rate housing loan borrowers in Japan as of May 2023, by debt-to-income ratio [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1423649/japan-variable-rate-home-loan-borrowers-distribution-by-debt-to-income-ratio/
JHF. "Distribution of variable rate housing loan borrowers in Japan as of May 2023, by debt-to-income ratio." Chart. June 30, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1423649/japan-variable-rate-home-loan-borrowers-distribution-by-debt-to-income-ratio/
JHF. (2023). Distribution of variable rate housing loan borrowers in Japan as of May 2023, by debt-to-income ratio. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1423649/japan-variable-rate-home-loan-borrowers-distribution-by-debt-to-income-ratio/
JHF. "Distribution of Variable Rate Housing Loan Borrowers in Japan as of May 2023, by Debt-to-income Ratio." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/1423649/japan-variable-rate-home-loan-borrowers-distribution-by-debt-to-income-ratio/
JHF, Distribution of variable rate housing loan borrowers in Japan as of May 2023, by debt-to-income ratio Statista, https://www.statista.com/statistics/1423649/japan-variable-rate-home-loan-borrowers-distribution-by-debt-to-income-ratio/ (last visited December 21, 2024)
Distribution of variable rate housing loan borrowers in Japan as of May 2023, by debt-to-income ratio [Graph], JHF, June 30, 2023. [Online]. Available: https://www.statista.com/statistics/1423649/japan-variable-rate-home-loan-borrowers-distribution-by-debt-to-income-ratio/
